• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
A senior Iranian military advisor said the United States cannot block oil exports.Nvidia shares rose more than 2%, hitting an all-time high of $212.60 during the session, a new record high in six months, with a market capitalization of $5.17 trillion.On April 28, hundreds of AI researchers at Alphabets Google (GOOG.O) signed a letter urging Alphabet CEO Sundar Pichai to refuse to use the companys AI systems in classified workflows for U.S. defense missions. "We are Google employees and have deep concerns about the ongoing negotiations between Google and the U.S. Department of Defense," the statement read. The letter comes amid a legal battle between the Pentagon and Anthropic over the application of AI in the military. The Pentagon is seeking to remove Anthropic and its Claude AI tools from the U.S. defense supply chain and is looking for new AI partners from major tech giants.April 28th - According to six sources, NATO is considering ending its recent practice of holding an annual summit. Since 2021, NATO leaders have met every summer, with a meeting scheduled for July 7-8 this year in Ankara, Turkey. However, according to a senior European official and five diplomats (all from NATO member states), some member states are actively pushing to slow down the summits pace. One diplomat stated that the summit, originally scheduled for 2027 in Albania, is likely to be postponed until the fall of that year; furthermore, NATO is also considering completely suspending the summit in 2028—the year of the US presidential election and the last full calendar year of Trumps term.A brief power outage occurred at BPs Whiting refinery on Sunday, causing one of its processing units to shut down.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Test New Highs

Cory Russell

Jan 18, 2023 16:09

Natural Gas

Natural gas settled near the $3.60 level as traders remained focused on weather forecasts. The current market consensus implies that weather will turn colder closer to the end of the month. However, it remains to be seen whether forecasts will provide additional support to natural gas markets in the near term as current demand for natural gas remains low.

WTI Oil

WTI oil tested new highs today as traders bet on rising demand from China. In its latest report, OPEC said that world demand will grow by 2.22 million bpd in 2023. However, this estimate could be revised as the fourth quarter of 2022 was stronger than expected.

Brent Oil

Brent oil has also enjoyed strong support in today’s trading session. While resistance near the $87 level remains strong, Brent oil will have a good chance to climb above this level if traders stay focused on rising demand from China.